Keel Infrastructure Shuts US Bitcoin Mining Sites In Shift Toward AI Data Centers
Keel Infrastructure has decommissioned all of its US Bitcoin mining sites as it repurposes those locations for AI and high-performance computing workloads.
Public miners are an underappreciated source of supply hitting the market right at the margin.
Glassnode says bitcoin sellers are showing signs of exhaustion, though the onchain analytics firm stopped short of confirming a historical market bottom is in.
August 12, 2026, 8:30 amBlockchain data shows the Japanese treasury firm moved the bitcoin between wallets it controls, not to an exchange, so the transfer isn't a sale despite its $1.4 billion paper loss.
August 12, 2026, 7:04 amKeel Infrastructure has decommissioned all of its US Bitcoin mining sites as it repurposes those locations for AI and high-performance computing workloads.
Bitcoin and ether are stuck in a tight range ahead of the CPI.
DOGE gained almost 3% to 7 cents and BNB 2% to $614, while bitcoin was the only major in the red on both the day and the week.
Bitwise CIO Matt Hougan says bitcoin may be nearing the bottom of this crypto winter.
Riot's Anthropic lease lifted miner stocks, but the sell-down funding it hints at a new source of Bitcoin sell pressure.
BlackRock's Bitcoin ETF now accepts in-kind BTC conversions from $1 million, opening a tax-deferred path for large holders.
The company now treats BTC as a managed reserve for dollar obligations, testing whether sales can remain voluntary.
This regulatory shift could boost institutional crypto adoption, enhancing legitimacy and potentially driving broader market participation.
The $11.77 million fund stops trading after the Aug. 17 close, with cash expected around Aug.